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Topic: Solana drop up to 5% (Read 471 times)

hero member
Activity: 1484
Merit: 928
July 19, 2022, 07:58:44 AM
#54
All coins are down including Solana, I think Solana is a good altcoin, but no all altcoin can be trusted. I think it will be better if you invest in bitcoin, I think is just a suggestion, no altcoin can be trusted we all saw what happened to Luna. Bitcoin is the only reliable coin which I will advise you to invest in, no matter how bitcoin dump it’s definitely going to bounce back. We all see that bitcoin is down so I think if you invest now it’s not really a bad idea, but you can do more research on your own.
sr. member
Activity: 2422
Merit: 267
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July 19, 2022, 07:10:19 AM
#53
should i buy this time or invest in other Crypto? is Solana good investment?
Solana is a good invest but whether you should invest it now or not is a different question. 5% was not a big margin to decide if it's a good time to invest or not considering the price today is having a slight up with 0.9% at the time I wrote this post, so you might need to do some research first and not just making your decision based on the 5% itself, there are so many things to consider.
the movement in crypto continues to run fast so you can't only see from one time when it drops 5%, because it could soon go down again or even improve. when the op said there was indeed a decrease and if you look at it now it's actually an increase of more than just a 5% decrease. if you want to calculate it now it has increased by 30% from the time op said, I actually agree with my friend above that solana is a very good investment so don't hesitate to invest if you want, there's no harm in always analyzing it first before doing anything in crypto .
hero member
Activity: 2814
Merit: 526
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July 13, 2022, 03:38:28 AM
#52
should i buy this time or invest in other Crypto? is Solana good investment?
Solana is a good invest but whether you should invest it now or not is a different question. 5% was not a big margin to decide if it's a good time to invest or not considering the price today is having a slight up with 0.9% at the time I wrote this post, so you might need to do some research first and not just making your decision based on the 5% itself, there are so many things to consider.
sr. member
Activity: 2324
Merit: 263
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July 13, 2022, 02:55:56 AM
#51
maybe this coin will be at a stable value in the future, but not for new ATH, so to start investing here of course you need to prepare other coins too, so that we can maximize every existing investment, so that the conversion loss can be exchanged at another coin that moves.

But if you choose one coin, this will have an impact, if there is no increase at all, isn't the investment made solely to make a profit, therefore another coin is needed to cover any decrease that occurs on a particular coin
Plus, SOL already faced trouble and feedback about how it gets frozen when there is a big deal going on in it. All of that 65k TPS turned out ot be a wrong thing and it doesn't reach those levels at all, not even quarter of it. This is why a lot of people left SOL and found other stuff, like Avax which can sustain bigger transaction amounts.

Basically, I do not know if SOL would ever be the type of coin you would pick for just one investment, if you have a vast portfolio then having SOL in it doesn't really bother me, that would make sense actually, but if you are going to invest into just one thing, then having that thing to be a big risk, criticized thing would be bad idea.
Of course what you say is true, even I have tried several times to analyze and get to know more about these coins, but in fact they have decreased so sharply and can make us lose the value of the investment, but personally I don't just have Sol in my trading wallet me, because there are many other coins that I convert, it is on the basis of this risk that we try to convert to other coins
sr. member
Activity: 1498
Merit: 251
KUWA.ai
July 12, 2022, 06:36:49 PM
#50
Actually, solana is one of the coins that has potential, but with the current state of the market, of course we have to consider investing in the coin and the current decline may be higher, so wait for a few months if the market is indeed back to normal then there are many coins that we can invest in.
I think right now is kinda the best moment in terms of investing in solana since it has already lost its value largely, instead if we wait for the cryptocurrency market to get better, that means it’s already late for scoring high return. I mean solana could be declining further regardless that could be overcomed by investing slowly
legendary
Activity: 3318
Merit: 1128
July 12, 2022, 01:20:56 PM
#49
maybe this coin will be at a stable value in the future, but not for new ATH, so to start investing here of course you need to prepare other coins too, so that we can maximize every existing investment, so that the conversion loss can be exchanged at another coin that moves.

But if you choose one coin, this will have an impact, if there is no increase at all, isn't the investment made solely to make a profit, therefore another coin is needed to cover any decrease that occurs on a particular coin
Plus, SOL already faced trouble and feedback about how it gets frozen when there is a big deal going on in it. All of that 65k TPS turned out ot be a wrong thing and it doesn't reach those levels at all, not even quarter of it. This is why a lot of people left SOL and found other stuff, like Avax which can sustain bigger transaction amounts.

Basically, I do not know if SOL would ever be the type of coin you would pick for just one investment, if you have a vast portfolio then having SOL in it doesn't really bother me, that would make sense actually, but if you are going to invest into just one thing, then having that thing to be a big risk, criticized thing would be bad idea.
jr. member
Activity: 840
Merit: 6
July 12, 2022, 07:50:44 AM
#48
Actually, solana is one of the coins that has potential, but with the current state of the market, of course we have to consider investing in the coin and the current decline may be higher, so wait for a few months if the market is indeed back to normal then there are many coins that we can invest in.
To see whether the coin is worth investing in or not, not in a corrected condition as it is now, Solana had a good investment value initially, although there was a higher decline in the past few months, but along the way Solana has actually grown and gave many surprises to you. investation. Of course in the future there is no guarantee that Solana will return at a much higher price, but for the value of stability I think it is still quite open
Solana was listed, along with Celo, by the WEF as an approved crypto, so if the developers can actually keep it from breaking down, it might amount to something one day. That said, another Illuminati coin that will likely produce higher returns is ICP, considering that it was traded at 500 usd before and is trading at only 5 usd now. This project is often invited to Davos for Illuminati meetings.
sr. member
Activity: 2324
Merit: 263
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July 12, 2022, 02:42:18 AM
#47
should i buy this time or invest in other Crypto? is Solana good investment?
The current market conditions have not provided an opportunity to invest in Solana, this will have an impact on the assets you have, you should invest in Ethereum and BNB first, when the initial bull run comes, then that's when you make a purchase on Solana, a habit that occurs both coins will experience a faster pumping for the altcoin class, the correlation is quite clear, that the reaction will have an impact on the next Solana
Why not? Is it because the drop is only 5 percent? Anyway, the current market we are in right now is bear and bear is an opportunity for anyone to invest. Also why would investing in solana has an impact on other assets that we have? Is it because solana is the one that will go up first and others will be left behind?

It's not a big deal IMO because eth and bnb are also a good coin and they will soon catch up once bull run returns. About the initial bull run you are saying. I think investing during that phase is not wise since coins are already recovering and there is no guarantee that the bull run will continue so you might only incur a loss.
That's what I mean, maybe this coin will be at a stable value in the future, but not for new ATH, so to start investing here of course you need to prepare other coins too, so that we can maximize every existing investment, so that the conversion loss can be exchanged at another coin that moves.

But if you choose one coin, this will have an impact, if there is no increase at all, isn't the investment made solely to make a profit, therefore another coin is needed to cover any decrease that occurs on a particular coin
hero member
Activity: 1302
Merit: 516
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July 12, 2022, 01:56:38 AM
#46
should i buy this time or invest in other Crypto? is Solana good investment?
The emphasis must invest in Solana or in other crypto is still quite open, the problem is that for now the market is in an unstable condition, so the opportunity to get maximum profits in Solasa is not possible, initially Solana is still included in a good investment category, but due to conditions The market has declined, thus making Solana corrected until now, I suggest to see other potential altcoin for you
sr. member
Activity: 2016
Merit: 283
July 12, 2022, 01:36:06 AM
#45
should i buy this time or invest in other Crypto? is Solana good investment?
you should invest time to monitor the price movement before making decisions mate. Because buying at the fluctuation is very skeptical and its doesn't mean always that the price will bounce back afterwards and will continue to make another higher highs in the graph as it depends on some factors.. So be aware if i were you.. Make TA first before anything else.
sr. member
Activity: 1246
Merit: 263
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July 01, 2022, 12:01:15 PM
#44


Therefore, different people make different investment patterns, but most of what I know people prefer to invest in bitcoin, Ethereum and BNB, because these three coins are stronger in the market for now.
Agree that Solana is a good coin, but the problem is that for now the market is in an unfavorable condition, maybe in the long term, but it is still quite speculative.
Until one day, no coin will ever be more secure than bitcoin or ethereum, so don't overlook them for a shitcoin. All current altcoins are speculative, none can exist as seriously as bitcoin, so when investing in altcoins we must accept the risks it brings.
legendary
Activity: 1610
Merit: 1131
July 01, 2022, 11:38:31 AM
#43
Solana is a potential coin but with the current state of the market, it needs more time to recover. Wait for a few months if everything is back to normal and do your research before making a decision on what coin you should purchase.because we have a better understanding of what could be possible in the upcoming months as well as our own experience about the price of these coins.
hero member
Activity: 2282
Merit: 505
July 01, 2022, 09:02:52 AM
#42
So, will you wait until the market will recover and then you will be starting to buy sol at the peak price again? don't be so stupid. You need to accumulate solana in the various level to make sure the risk will not be so high. Think about that. The golden chance will not come for the second chance. You must also aware about that and i hope that people were also aware about this as well. There are so many people this time accumulating more and more tokens from the market. solana is the best investment as well.
hero member
Activity: 2688
Merit: 588
July 01, 2022, 08:26:01 AM
#41
should i buy this time or invest in other Crypto? is Solana good investment?
The current market conditions have not provided an opportunity to invest in Solana, this will have an impact on the assets you have, you should invest in Ethereum and BNB first, when the initial bull run comes, then that's when you make a purchase on Solana, a habit that occurs both coins will experience a faster pumping for the altcoin class, the correlation is quite clear, that the reaction will have an impact on the next Solana
Why not? Is it because the drop is only 5 percent? Anyway, the current market we are in right now is bear and bear is an opportunity for anyone to invest. Also why would investing in solana has an impact on other assets that we have? Is it because solana is the one that will go up first and others will be left behind?

It's not a big deal IMO because eth and bnb are also a good coin and they will soon catch up once bull run returns. About the initial bull run you are saying. I think investing during that phase is not wise since coins are already recovering and there is no guarantee that the bull run will continue so you might only incur a loss.
sr. member
Activity: 1484
Merit: 254
July 01, 2022, 05:00:02 AM
#40
This does not happen to Solana but almost all cryptocurrencies, as we know that the price trend of cryptocurrencies has similarities, up and down in the same time, but today is good because the market rising again and eth is getting closer to returning to $1200.
sr. member
Activity: 2324
Merit: 263
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July 01, 2022, 03:20:13 AM
#39
Buy solana and investing in another crypto but yeah this is quite profitable enough for you caused by solana is still dipping now. You can buy that with the hope to recover again maybe next year but im not sure if that will be possible to recover this year. The fact that if these days the bearish market is still making bunch of whales are feeling worry to get into the crypto again. It's better if you are also having another option from the market as well.
It is very important to convert other investments under current conditions, because the market is not so sure that it will have a complete recovery going forward, at this time I still doubt that Solana can have an impact going forward, even to many people's concerns for this year the market is quite difficult to recover, this will affect altcoins, therefore there needs to be an option to outsmart conditions like now, so that the investment we make can run and be able to grow even though it is in a small capacity
hero member
Activity: 2366
Merit: 504
June 30, 2022, 06:43:17 PM
#38
Buy solana and investing in another crypto but yeah this is quite profitable enough for you caused by solana is still dipping now. You can buy that with the hope to recover again maybe next year but im not sure if that will be possible to recover this year. The fact that if these days the bearish market is still making bunch of whales are feeling worry to get into the crypto again. It's better if you are also having another option from the market as well.
hero member
Activity: 2828
Merit: 518
June 30, 2022, 06:11:47 PM
#37
solana is quite great investment sometimes better than the likes of avalanche and matic.
But if you could accumulate at the right moment basically at the time solana losing majority of its value then you're gonna be making tremendous return of investment at the time of bullish.
just observe its current value and compare it with its ATH, if you see it's already down more than 60% maybe it's a great time to accumulate after all coin like solana eventually goes up.
Solana is in a huge price deduction a good time to buy indeed. But before we decide to buy this we must be sure that we are also willing to wait for the recovery, that possibly a long time. It was spectacular that potential coins are in the huge dump, however, people are still in doubt if they will buy them or not while they are also buying them during the bull season.
Well, even I have the money to invest in crypto, I will still not choose Sol at this time. I have some of it already, so I think that was enough. I'd be rather focusing into Bitcoin and ETH at this time.
hero member
Activity: 2702
Merit: 510
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June 30, 2022, 05:45:34 PM
#36
solana is quite great investment sometimes better than the likes of avalanche and matic.
But if you could accumulate at the right moment basically at the time solana losing majority of its value then you're gonna be making tremendous return of investment at the time of bullish.
just observe its current value and compare it with its ATH, if you see it's already down more than 60% maybe it's a great time to accumulate after all coin like solana eventually goes up.
copper member
Activity: 2114
Merit: 1814
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June 30, 2022, 05:35:54 PM
#35
But another good thing happened when they released the Mobile phone on Solana but it seems there is no real huge effect of it on the price.
The market condition is really affecting most altcoins, especially on Solana which really one of many outperforming altcoins last year.
Imagine, now they are focusing on mobile phones instead of improving the network that keeps blacking out. Personally, I think I have got a cheat code to the game. Most of this proof of stake altcoins meant to replace or overtake Ethereum are just money making ventures. During the bull run they pump so hard, then during the bear market, they dump so hard too. In the new bull market, we start seeing new Ethereum killers and the cycle continues

I mean look at EOS, TRON, NEO that were meant to rival Ethereum back then, this last bull run, they didn't even get near their previous all-time highs. The same fate awaits solana, Terra Luna etc
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